Bayanix Limited

Bayanix Limited, based in Benfleet, UK, is a small, active company founded 22 years ago in 2003. Employing ten people and holding £801,210 in assets, it operates from a virtual address—a fact highlighted by the presence of 68 companies registered at the same location. The business is led by four directors and a solo founder, Bailey Neal, and maintains a stellar 5.0 Google rating based on a single review. Bayanix regularly imports miscellaneous metal items, with the latest import activity recorded three months ago.

The company's website showcases its expertise in commercial, residential, and retail interior fit-outs. Bayanix positions itself as a leading provider of refurbishment services, offering a complete solution from design to installation. They boast in-house manufacturing capabilities, producing joinery, stone, marble, glass, and metalwork across two facilities, reducing lead times and ensuring quality control. Recent projects highlighted on the site include work for Peabody, Regents Crescent, and Somerset House, demonstrating a diverse portfolio.

Financially, Bayanix Limited presents a mixed picture. Current assets decreased by 20% to £800,000, while net assets increased by 71% to £360,000. Bank borrowings, however, decreased significantly by 59% to £45,000, and cash reserves surged by 310% to £47,000. Creditors also decreased by 40% to £370,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in debtors suggests a potential issue with customer payments. The absence of an auditor, likely due to small company exemption, means these figures are unaudited.

Overall, Bayanix Limited seems to be navigating a period of change. While the company’s website projects a strong brand and impressive project portfolio, the financial data reveals both positive and concerning trends.

Registered in England/Wales under the registration number 04700334, with a registered address at SS7 2RF, England, Benfleet, Essex, Central Chambers, 227 London Road, Hadleigh.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.